U.S. Yields Flat after U.S Trade Data in July

U.S. Treasury yields were little changed early Wednesday as data showed the U.S. trade deficit grew to $43.7 billion in July, less than the $44.6 billion forecast among analysts polled by Reuters.

At 8:37 a.m. (1237 GMT), the yield on 10-year Treasury notes was 2.072 percent, up marginally from Tuesday’s close. The benchmark yield earlier Wednesday fell to a near 10-month low of 2.054 percent.


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Dean Popplewell

Dean Popplewell

Vice-President of Market Analysis at MarketPulse
Dean Popplewell has nearly two decades of experience trading currencies and fixed income instruments. He has a deep understanding of market fundamentals and the impact of global events on capital markets. He is respected among professional traders for his skilled analysis and career history as global head of trading for firms such as Scotia Capital and BMO Nesbitt Burns. Since joining OANDA in 2006, Dean has played an instrumental role in driving awareness of the forex market as an emerging asset class for retail investors, as well as providing expert counsel to a number of internal teams on how to best serve clients and industry stakeholders.
Dean Popplewell